Brief: Bandanna Energy

Bandanna Energy
has noted heightened investor interest in the coal sector following the announcement of Peabody’s proposed transaction with
Macarthur Coal
last week. The company was responding to an ASX query over a rise in Bandanna shares from a close of 64¢ on March 30 to an intraday high of 97¢ yesterday. The company is also aware that a number of stockbroking firms have commenced actively following Bandanna.